Latest research shows that in Q1 of 2015, the average cost of a business trip fell by 7.2% in the UK & Ireland.
Produced by CWT Solutions Group, the second of its quarterly barometers shows CWT’s data from the preceding quarter and segments it into industry sectors, giving year-on-year comparisons to benchmark changes and development in the business travel industry.
The barometer covers air, rail and hotel spend, destinations, ticket types and much more. An example statistic is: ‘The average daily rate for car hire is down 3% year-on-year.’
About CWT Solutions Group The CWT Solutions Group, the global consulting arm of CWT, brings innovation into the equation by pushing the boundaries of traditional travel management into new areas. The Group is currently exploring big ideas and emerging solutions such as adaptive travel policies, the use of gaming and scorecards to drive traveller compliance, managing connectivity costs, and more. Our airline, hotel, and ground transportation practice areas help travel buyers source and continually improve their managed programmes in these areas, and our policy and compliance practice is dedicated to strengthening travel policies and travellers’ compliance to those policies. For more information on CWT Solutions Group, please visit our website at www.cwt-solutions-group.com/
About CWT CWT is a global leader specialised in managing business travel and meetings and events. CWT serves companies, government institutions and non-governmental organisations of all sizes in more than 150 countries and territories. By leveraging both the expertise of its people and leading-edge technology, CWT helps clients derive the greatest value from their travel programme in terms of savings, service, security and sustainability. The company is also committed to providing best-in-class service and assistance to travellers. In 2014, sales volume for wholly owned operations and joint ventures totaled US$27.3 billion. As part of its commitment to responsible business, CWT is a signatory of the United Nations Global Compact Ten Principles. For more information about CWT, please visit our UK website atwww.carlsonwagonlit.co.uk. Follow us on Twitter@CWT_UKI